Multi-Building Industrial Flex
For Sale
Contact for pricing
Pending
11724 Lackland Industrial Dr, Saint Louis, MO 63146
Industrial flex campus with new 2022 TPO roof, three drive-in doors, and eight dock doors for manufacturing and warehousing.
Property Size23,700 SF
Days on Market106
Property Features for 11724 Lackland Industrial Dr
General Information
Standard status
Pending
Size
23,700 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Dock-High Doors
8
Drive-In Doors
3
Listing Agency:
SVN/Infinity Commercial Group
(314) 878-0303
Listed By:
Luke Fiala · License ##2024011792
(314) 378-8820
Source:
Moodyscre
Added: Jul 16
Changed: Oct 25
Last Checked: Oct 28 at 10:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN/Infinity Commercial Group
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Investment Insights
Based on property information with market context.
This multi-building industrial campus offers flexible space planning designed to support both production and storage configurations. The property was upgraded with a new TPO roof installed in 2022 and includes durable construction intended for heavy industrial and manufacturing requirements. Clear heights are described as generous, helping accommodate a range of manufacturing and warehousing uses.
Access and operations are supported by three drive-in doors and eight dock doors. Parking is listed at 2.2 spaces per 1,000 square feet.
The interior spaces are presented as adaptable for production or storage layouts, making the campus suited to users seeking an industrial facility that can be configured for manufacturing or warehousing needs.
Access and operations are supported by three drive-in doors and eight dock doors. Parking is listed at 2.2 spaces per 1,000 square feet.
The interior spaces are presented as adaptable for production or storage layouts, making the campus suited to users seeking an industrial facility that can be configured for manufacturing or warehousing needs.
Key Highlights
- Multi‑building industrial flex campus with flexible space planning for manufacturing and warehousing
- New TPO roof installed in 2022
- 3 drive‑in doors and 8 dock doors for loading and receiving
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,084
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,281,680
$2.3M
Cap Rate 7%
$1,629,771
$1.6M
Cap Rate 9%
$1,267,600
$1.3M
Market Conditions
NOI Build-Up for 23,700 SF
Gross rent
$140.5K $5.93/SF
− Vacancy
−$6.3K −$0.27/SF
EGI
$134.2K $5.66/SF
− OpEx
−$20.1K −$0.85/SF
NOI
$114.1K $4.81/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$5.93 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,281,680
Cap Rate 7%
$1,629,771
Cap Rate 9%
$1,267,600
Alternative Uses
Best Use
Warehouse
$1.63M
$1.43M – $1.90M
NOI $114,084 @ 7.0% cap · market cap 6.02%
Second Best
Industrial
$1.34M
$1.17M – $1.57M
NOI $93,952 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$5.09M
$4.45M – $5.93M
NOI $356,051 @ 7.0% cap · market cap 18.79%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
8
Dock-high doors
3
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,233
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63146, MO
31,459
Population
15,555
Households
2
Avg Household Size
40
Median Age
62%
College-Educated
97%
High-School Grad
15.5 sq mi
ZIP Area
2,030
Density / Sq Mi
$85,724
Median Household Income
$60,831
Median Earnings
$1,315
Median Rent
$283,600
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex campus with new 2022 TPO roof, three drive-in doors, and eight dock doors for manufacturing and warehousing.
Where is this flex space located?
The property is located at 11724 Lackland Industrial Dr Saint Louis, MO.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Multi‑building industrial flex campus with flexible space planning for manufacturing and warehousing; New TPO roof installed in 2022; 3 drive‑in doors and 8 dock doors for loading and receiving
